We use cookies to customise content for your subscription and for analytics.
If you continue to browse Lexology, we will assume that you are happy to receive all our cookies. For further information please read our Cookie Policy.
Lexology logo
  Request new password

Search results

Order by most recent / most popular / relevance

Results: 1-10 of 34

AB Jnr & Another v MB & Others (unreported, 18 December 2012)

  • Ogier
  • -
  • Cayman Islands
  • -
  • March 28 2013

AB Jnr & Another v MB & Others was a significant decision of the Financial Services Division of the Grand Court of the Cayman Islands, relating to a

Commonwealth of the N. Mariana Islands v. Millard, No. 11 MC 99, 2012 U.S. Dist. LEXIS 127085 (S.D.N.Y. Apr. 12, 2012)

  • Baker & McKenzie
  • -
  • Cayman Islands, USA
  • -
  • March 25 2013

Plaintiff, the Commonwealth of the Northern Mariana Islands (the “Commonwealth”), had judgments against William and Patricia Millard (the “Millards”

Enforcing orders made in foreign insolvency proceedings

  • Harney Westwood & Riegels
  • -
  • British Virgin Islands, Cayman Islands, United Kingdom
  • -
  • October 24 2012

This article sets out the potential impact in the BVI and Cayman of the much anticipated Supreme Court decision in Rubin v. Eurofinance SA 2012 UKSC 46, which was handed down on 24 October 2012

Redemptions in kind the end of the road for in specie distributions?

  • Harney Westwood & Riegels
  • -
  • Cayman Islands
  • -
  • August 3 2012

In the recent case of Re FIA Leveraged Fund the Grand Court considered whether an in specie distribution properly discharged the Fund’s liability to redeeming investors

Corporate governance

  • Guernsey Finance
  • -
  • Cayman Islands, Guernsey
  • -
  • July 20 2012

In the world of offshore funds, corporate governance is dominating the headlines as the investment funds industry continues to learn from the hard lessons of the 20082009 global financial crisis

Free-standing freezing injunctions in the Cayman Islands time for legislative change? VTB Capital plc v Konstantin Malofeev and others

  • Herbert Smith Freehills LLP
  • -
  • Cayman Islands
  • -
  • November 17 2011

Recently, a number of sources have reported the Cayman Islands decision of Quin J in Gillies-Smith v Smith in May of this year

Zais Investment Grade Limited VII CDO noteholders take advantage of Chapter 11

  • Schulte Roth & Zabel LLP
  • -
  • Cayman Islands, USA
  • -
  • October 3 2011

The U.S. Bankruptcy Court for the District of New Jersey recently held that a Cayman Islands collateralized-debt obligation issuer (“CDO”) could be a debtor under Chapter 11 of the U.S. Bankruptcy Code (the “Bankruptcy Code”) and declined to dismiss an involuntary case commenced against the CDO by certain noteholders on the grounds that the notes held by such noteholders were “non-recourse” notes

Private fund directors: don't just sit there - do something!

  • Dechert LLP
  • -
  • Cayman Islands
  • -
  • September 27 2011

If you don't want to pay up, do your best, even if it is your incompetent best

Duties of independent non-executive directors of an investment fund: the Weavering judgment

  • Harney Westwood & Riegels
  • -
  • Cayman Islands
  • -
  • September 12 2011

The judgment of the Grand Court of the Cayman Islands in Weavering Macro Fixed Income Fund Limited (in Liquidation) v Stefan Peterson and Hans Ekstrom has been seized upon by the financial services industry in the Islands as invaluable guidance, albeit in fact specific circumstances, as to the standard of performance expected of the board of directors of a Cayman Islands domiciled fund

No more excuses for inactive directors

  • RPC
  • -
  • Cayman Islands
  • -
  • September 6 2011

On 26 August 2011 the Grand Court of the Cayman Islands found that directors Stefan Peterson and Hans Ekstrom of Weavering Macro Fixed Income Fund (the “Fund”) were guilty of wilful neglect in the discharge of their duties